Which of the following best captures how job turnover is related to the age-earnings profile?
A) Job separations, both quits and layoffs, are associated with a lower profile.
B) Job separations, both quits and layoffs, are associated with a higher profile.
C) Job quits are associated with a higher profile, while layoffs are associated with a lower profile.
D) Layoffs are associated with a higher profile, while job quits are associated with a lower profile.
E) The age-earnings profile is unrelated to job turnover because anyone who quits a job or is laid off no longer earns a wage.

Question

Quizplus · Accepted Answer

Job quits are often voluntary and can occur when an individual leaves for a better-paying position, thus potentially leading to a higher age-earnings profile. Layoffs, on the other hand, are involuntary and can result in periods of unemployment or taking lower-paying jobs, contributing to a lower age-earnings profile.

Which of the Following Best Captures How Job Turnover Is